NOT LISTED FOR SALE

5203 Fisher Island Dr Unit 5203 Miami Beach, FL 33109

Fisher Island Neighborhood

Estimated Value: $6,114,000 - $23,505,329

5 Beds
5.5 Baths
9,570 Sq Ft
$5,370/mo HOA Fee

Last Sold August 03, 2020

Last sale price $15,000,000 $1,567 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $116,161/month

482 Days on Market

Highlights

  • Marina
  • Ocean View
  • Private Guards
  • South Pointe Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Home Theater

About This Home

As of August 2020

Largest unit available on Fisher Island made up of 9,570 interior sq ft. Sweeping open bay views outlined by the iconic Miami skyline on one side and natural beautiful green views of Virginia Key on the other. This PH residence recently underwent a total 3 yr renovation led by designer Marc-Michaels Interior Design. 5/5/1 with generous living space perfect for your private enjoyment and/or for entertainment. Features include: high ceilings throughout, Crestron system with security cameras, fully equipped Downsview kitchen, Tishler impact doors, 2 washer and dryer set, separate duo bath and independent staff apartment. Amenities include: private island dining, golf, tennis, spa, marina, private beach, Fisher Island Day School. 5 parking spaces , 2 golf cart spaces

Last Listed By

Pablo Alfaro

Compass Florida, LLC. License #0630752 Listed on: 01/24/2019

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $159,284

Year Built

  • Built in 1992

HOA Fees

  • $5,370 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Guest Parking

Property Views

  • Ocean
  • Bay
  • Skyline

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,570 Sq Ft Home
  • Built-In Features
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Recreation Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-42-09-014-0180

Community Details

Overview

  • Club Membership Available
  • Club Membership Required
  • Mid-Rise Condominium
  • Bayview Condos
  • Bayview Fisher Isl Condo N,Fisher Island Subdivision
  • 10-Story Property

Amenities

  • Bike Room

Recreation

  • Marina
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Bike Trail

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Private Guards
  • Security Guard
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$159,284

Year Built

Built in 1992

Lot Details

0

HOA Fees

$5,370 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BAYVIEW FISHER ISL CONDO N,Fisher Island
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Cooking Island, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Recreation Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Carpet, Marble, Other, Tile
  • Furnished: Unfurnished
  • Living Area: 9570
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Bedroom Features: Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Recreation Room
  • Master Bathroom Features: 2 Master Bathrooms, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Bayview
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Parking Features: 2 Or More Spaces, Guest, Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Guard At Site, Other, Private Guards

Condo/Co-op/Association

  • Association Fee: 5370
  • Amenities: Basketball Court, Bike/Jog Path, Bike Storage, Golf Equity Available, Marina, Other Membership Available, Child Play Area, Pool, Private Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-42-09-014-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 5370

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 159284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
Wackenhut Janis and The Janis Wackenhut Revocable
Bought by
Stone Andrew and Stone Dana
Total Days on Market
482
Current Estimated Value
$14,809,665

Purchase Details

Listed on
Jan 24, 2019
Closed on
Aug 3, 2020
Sold by
Fl 5203 Llc
Bought by
Wackenhut Janis and The Janis Wackenhut Revocable Trust
Seller's Agent
Pablo Alfaro
Compass Florida, LLC.
Buyer's Agent
Cyril Matz
Douglas Elliman
List Price
$21,000,000
Sold Price
$15,000,000
Premium/Discount to List
-$6,000,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$10,000,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2019
Closed on
Jul 30, 2020
Sold by
Eisenbud Karen L and Eisenbud Don Stephanie
Bought by
Fl 5203 Llc
Seller's Agent
Pablo Alfaro
Compass Florida, LLC.
Buyer's Agent
Cyril Matz
Douglas Elliman
List Price
$21,000,000
Sold Price
$15,000,000
Premium/Discount to List
-$6,000,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2012
Sold by
Lebow Bennett S
Bought by
Fi 5203 Llc

Purchase Details

Closed on
Nov 3, 1995
Sold by
Island Developers Ltd
Bought by
Le Bow Geraldine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,975,000
Interest Rate
7.51%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stone Andrew $21,164,000 Attorney
Janis Wackenhut Revocable Trust $15,000,000 Attorney
Fl 5203 Llc -- Attorney
Fi 5203 Llc -- Attorney
Le Bow Geraldine C $4,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janis Wackenhut Revocable Trust $10,000,000
Previous Owner Fi 5203 Llc $10,800,000
Previous Owner Le Bow Geraldine C $2,975,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $15,000,000 -6.0% $1,567 / Sq Ft
01/22/2020 01/22/20 Price Changed $15,950,000 -6.2% $1,667 / Sq Ft
12/09/2019 12/09/19 Price Changed $17,000,000 -10.3% $1,776 / Sq Ft
07/01/2019 07/01/19 Price Changed $18,950,000 -9.8% $1,980 / Sq Ft
01/24/2019 01/24/19 For Sale $21,000,000 -- $2,194 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $339,490 $20,369,745 -- --
2023 $339,490 $18,517,950 $0 $0
2022 $286,915 $16,834,500 $0 $0
2021 $204,401 $11,610,000 $0 $0
2020 $163,999 $9,288,000 $0 $0
2019 $181,917 $10,927,300 $0 $0
2018 $164,209 $10,406,950 $0 $0
2017 $158,248 $8,126,297 $0 $0
2016 $139,047 $7,387,543 $0 $0
2015 $134,869 $6,715,949 $0 $0
2014 $115,041 $6,167,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Pablo Alfaro

    Compass Florida, LLC.

    (305) 695-6300

    2 in this area

    26 Total Sales

    Pablo Alfaro
    Section Image
  • Cyril Matz

    Seller Co-Listing Agent in 2020

    Cyril Matz

    Douglas Elliman

    (305) 926-2600

    17 in this area

    35 Total Sales

    Cyril Matz
    Section Image
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Map

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Source: MIAMI REALTORS® MLS

MLS Number: A10605054

MIAMI REALTORS® MLS

APN: 30-4209-014-0180

Florida Miami/Dade County Miami Beach 33109 Fisher Island

5203 Fisher Island Dr Unit 5203, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 5203 Fisher Island Dr Unit 5203, Miami Beach, FL 33109 since 24 January 2019 and is currently estimated at $14,809,665, approximately $1,547 per square foot. This property was built in 1992. 5203 Fisher Island Dr Unit 5203 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.